Monday, March 30, 2020 12:51:57 AM
Dear Voip-Pal Shareholders,
The purpose of this email is to clarify a misconception some have had regarding a recent filing by the company.
https://www.otcmarkets.com/filing/html?id=14035874&guid=XEVWU6FNp6CNNyh
Last week, Voip-Pal CEO, Emil Malak filed a Form 4 with the Securities and Exchange Commision informing of a transfer of a small percentage of his personally held restricted 144 shares. That transfer was a personal decision Mr. Malak made after consulting with his attorney during a routine updating of his will. Mr. Malak was advised that it was in his best interests to divest himself of a small percentage of his holdings and transfer some of his personally held shares to his wife and children. Those shares are currently restricted and will remain restricted after transfer. Mr. Malak has often stated that he has never sold a single share of his Voip-Pal stock and he stands behind those words today.
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